Page 673 - Latest News
Domestic LPG cylinder price rises ₹60, commercial up ₹115 amid Iran war
In Mumbai, non-subsidised LPG now costs ₹912.50, ₹939 in Kolkata and ₹928.50 in Chennai, according to the IOC website
 "Domestic LPG cylinder price rises ₹60, commercial up ₹115 amid Iran war")
Musk's spam concern was 'confusing': Ex-Twitter executives tell court
Two days of testimony from Agrawal and Segal pushed back on Musk's own recollection that he was always committed to the deal, but believed that Twitter had lied to him about per cent of spam accounts
 "Musk's spam concern was 'confusing': Ex-Twitter executives tell court")
Oil nears tipping point as Hormuz traffic halts; traders warn of $100 crude
Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week
 "Oil nears tipping point as Hormuz traffic halts; traders warn of $100 crude")
Centre sets 30.3 million tonnes wheat procurement target for FY27
Government plans to procure 30.3 million tonnes of wheat for the Central Pool in the 2026-27 rabi marketing season beginning April 1
 "Centre sets 30.3 million tonnes wheat procurement target for FY27")
US may 'unsanction' more Russian oil after allowing India to buy: Bessent
US Treasury allows India to buy Russian oil already en route, signalling possible easing of sanctions on other Russian oil to address global supply gaps, says Scott Bessent
 "US may 'unsanction' more Russian oil after allowing India to buy: Bessent")
Indian Railways freight rises 4% in February to 137.72 million tonnes
Railways ferried 137.72 mt of goods in February, up 4% year-on-year, with growth across key commodities and NTKM rising, though experts say double-digit expansion is needed to meet long-term goals
 "Indian Railways freight rises 4% in February to 137.72 million tonnes")
US customs agency says tariff refund system will be ready in 45 days
The tariffs that were a central part of President Donald Trump's economic policy were struck down as unconstitutional by the Supreme Court last month
 "US customs agency says tariff refund system will be ready in 45 days")
Ex-rapper's party heading towards landslide victory in Nepal elections
The outcome is expected to provide a strong government in Nepal, which has had 14 governments in the last 18 years
 "Ex-rapper's party heading towards landslide victory in Nepal elections")
RBI draft proposes up to ₹25,000 compensation for small digital frauds
RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days
 "RBI draft proposes up to ₹25,000 compensation for small digital frauds")
Best of BS Opinion: War in West Asia and the risks India cannot ignore
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: War in West Asia and the risks India cannot ignore")
Karnataka proposes social media ban for children under 16 in Budget
Karnataka has proposed banning social media use for children under 16, with Andhra Pradesh and the Centre weighing similar curbs as concerns grow over digital addiction and harmful content
 "Karnataka proposes social media ban for children under 16 in Budget")
West Asia crisis: Down 3%, Indian stocks log worst week in over one year
Benchmark indices log their steepest weekly losses in over a year as surging crude oil prices and escalating Middle East tensions dampen investor sentiment
 "West Asia crisis: Down 3%, Indian stocks log worst week in over one year")
West Asia war: Better placed than 1991, but impact may be longer, say govt
A prolonged conflict in the region can be detrimental to the economy, placing pressure on inflation, exchange rate, trade and capital flows, the balance of payments, and the current account deficit
 "West Asia war: Better placed than 1991, but impact may be longer, say govt")
EPFO panel flags rising unclassified balances, seeks March-end roadmap
Employees' Provident Fund Organisation finance panel seeks roadmap to clear suspense account balances by March 31 amid concerns over rising unclassified funds
 "EPFO panel flags rising unclassified balances, seeks March-end roadmap")
Technolegal approach of India on AI pragmatic: Wipro's Ivana Bartoletti
India's techno-legal AI governance model, built on soft guidelines and shared responsibility, is practical for rapidly evolving technology, says Wipro's Global Chief Privacy and AI Governance Officer
 "Technolegal approach of India on AI pragmatic: Wipro's Ivana Bartoletti")
West Asia crisis: India bulks up Russia oil; US allows 30-day waiver
Now at a premium, Russian crude imports surge after start of war in West Asia
 "West Asia crisis: India bulks up Russia oil; US allows 30-day waiver")
India's electric vehicle sales revved up across categories in February
However, month-on-month, there was a decline over January's high base
 "India's electric vehicle sales revved up across categories in February")
David vs Goliath: Iran war reveals pricing asymmetry of weapons systems
Wars, as the historian Correlli Barnett once argued, are the ultimate audit. They reveal the strengths and weaknesses of states, economies, and institutions
 "David vs Goliath: Iran war reveals pricing asymmetry of weapons systems")
India's forex reserves hit record $728.5 bn on gold, currency gains
India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data
 "India's forex reserves hit record $728.5 bn on gold, currency gains")
Datanomics: Women's Day highlights India's long road to equality
The occasion offers a moment to reflect on how close our country truly is to gender parity
 "Datanomics: Women's Day highlights India's long road to equality")